Seed-Stage Valuation Gap Offers Opportunities for VCs with Global Portfolios: Antler
Antler warns that many investors underestimate the upside of seed‑stage startups in emerging markets, creating a systematic valuation gap. Companies in regions such as Southeast Asia, Africa and Latin America are often priced below their true growth potential. This mispricing offers venture capital firms with global portfolios a chance to secure outsized returns by investing early. Antler suggests leveraging local networks and a broader market view to capture these opportunities.
Mouro Capital Expands Beyond Santander with Fund III
London‑based venture capital firm Mouro Capital is preparing to launch Fund III, its first vehicle without Banco Santander as the sole limited partner. Since its inception, Santander has been the exclusive LP, but the new fund will seek capital from...
High Hopes for Energy Exits in Wake of Fervo and X-Energy IPOs
The recent public listings of Fervo Energy and X‑Energy have sparked optimism that clean‑energy companies serving data‑center power needs could become the next wave of lucrative exits. Both IPOs highlighted strong investor appetite for carbon‑free generation technologies, from geothermal drilling...
Fuse Launches Fuse Venture Partners III, for Undisclosed Target Size
Fuse Venture Partners announced the launch of its third venture fund, Fuse Venture Partners III, without disclosing the target capital amount. The new vehicle follows two prior funds that attracted notable limited partners such as the Argyros Family Foundation and...
Meet the LP: Schroders Capital
Schroders Capital, the UK‑based institutional investor, is ramping up its use of artificial intelligence to evaluate venture‑capital managers, according to head of global venture investments Steven Yang. The LP is especially bullish on opportunities in China and India, citing strong...
Inovia Partners with Northleaf to Boost Canada’s Emerging VCs
Inovia Capital and Northleaf Capital Partners have announced a strategic partnership aimed at strengthening Canada’s venture‑capital ecosystem. The collaboration will provide emerging Canadian VC managers with capital, mentorship, and access to Northleaf’s institutional LP network. By jointly preparing these managers...
Can You Hear Me Now?
Venture capitalists are flocking to AI‑powered voice agents as the sector is projected to exceed $35 billion in revenue by 2033. Recent funding rounds have poured billions into startups that combine large‑language models with speech synthesis, targeting customer service, healthcare, and...
HarbourVest Rakes in $2.4bn for 13th US Flagship Fund
HarbourVest announced the closing of its 13th U.S. flagship fund with $2.4 bn of capital commitments. Approximately $1.3 bn of the total is earmarked for venture investments in firms with which the firm has longstanding relationships. The fund also allocates capital to...
Lionheart Ventures Raises $10m for Fund II, Target Size Unknown
San Francisco‑based Lionheart Ventures announced a $10 million close on its second venture fund, which will target AI, mental‑health technology, and impact‑driven startups. The firm did not disclose the fund’s ultimate target size, leaving the scale of its capital commitments open‑ended....
Former Index Partner Raises $80m for Debut Seed Fund
Damir Becirovic, after a decade at venture firm Index, has launched Relentless, a new seed‑stage fund. He secured $80 million in commitments to back founders who are pursuing what they call their "life's work." Relentless will write initial checks ranging from...
How GPs Can Use Carried Interest Derivatives for Estate Planning
Venture‑capital general partners are turning to carried‑interest derivatives as a tool for estate planning. By gifting these synthetic contracts, GPs can lock in future profit participation while transferring value to heirs at a reduced tax cost. The strategy leverages the...
Mighty Capital Raises $91m for Fund III, Triple the Size of Second Fund
Mighty Capital announced the close of its third venture fund, raising $91 million from limited partners. The new fund is roughly three times larger than its second fund, which closed at about $30 million. The capital will be deployed over a five‑year...
A Tale of Two LPs
Two family offices are taking opposite stances on venture capital exposure. One is sharply scaling back, limiting VC commitments to under 2% of its total assets, while the other is increasing its stake to roughly 12% of its portfolio. Both...
Rethink Education Raises $49m for Fund IV, Targeting $150m
Venture capital firm Rethink Education announced that its fourth fund has closed on $49 million, with a target of $150 million. The round includes repeat limited partners such as the Richard W. Goldman Family Foundation, the AL Mailman Family Foundation, the IDP...
AI Investor Glasswing Adds 14 Experts to Its Tech Advisory Councils
Glasswing Capital, a venture firm focused on artificial‑intelligence startups, announced the addition of 14 senior executives and domain experts to its technology advisory councils. The new members bring deep experience from leading AI research labs, cloud providers, and enterprise software...